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but i remember when paul ryan made his speech that night, while the speech was still going on, we were watching the tweets come up pointing out that he had blatantly misrepresented one of the key stories that he told. and i'll tell you, i think that his inability to really give any kind of boost to the romney/ryan ticket has been shaped as much as anything else by the fact that he did a belly flop in that speech because the social media picked him up on it right away before the speech was even over. >> jennifer: it's an interesting thing. maybe the main stream media will be influenced by the twitter stream more than the reverse. >> cenk: we have got to take a quick break, when we come back john has an interesting question. what is the question we would ask of the debaters. >> cenk: we're back on current's politically direct coverage of the first presidential debate. it's coming up in just a little bit. going to be a lot of fun. john fugelsang has a question for all of us. >> john: as long as we're all celebrating, zinger watts 2012 if you had the chance to be in jim lehrer's seat, and
but i remember when paul ryan made his speech that night, while the speech was still going on, we were watching the tweets come up pointing out that he had blatantly misrepresented one of the key stories that he told. and i'll tell you, i think that his inability to really give any kind of boost to the romney/ryan ticket has been shaped as much as anything else by the fact that he did a belly flop in that speech because the social media picked him up on it right away before the speech was even...
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the idea, which was originally presented by congressman ryan your running mate is that we would give a voucher to seniors, and they could go out in the private marketplace and buy their own health insurance. the problem is that because the voucher wouldn't necessarily keep up with health care inflation it was estimated that this would cost the average senior about $6,000 a year. now, in fairness what governor romney has now said is he'll maintain traditional medicare alongside of it. but what happens is those insurance companies are pretty clever at figuring out who are the younger and healthier seniors, they recruit them and every health care economist who looks at it says over time what happen will happen is the traditional medicare system will collapse. and then you have folks like my grandmother at the mercy of the private insurance system when they are most in need of decent health care. so i don't think vouchers are the right way to go. this is not only my opinion arp thinks the sayings we obtained from medicare, bolstered the system lengthened the medicare trust fund by eight
the idea, which was originally presented by congressman ryan your running mate is that we would give a voucher to seniors, and they could go out in the private marketplace and buy their own health insurance. the problem is that because the voucher wouldn't necessarily keep up with health care inflation it was estimated that this would cost the average senior about $6,000 a year. now, in fairness what governor romney has now said is he'll maintain traditional medicare alongside of it. but what...
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. >> but paul ryan has disavowed the ryan plan. mitt romney is not bound he says by the ryan plan. mitt romney has offered a plan that is actually has so little in that you can't even run the numbers. i mean, if you have a plan that is basically filled with empty magic asterisks you can't analyze whether this will deal with a budget deficit in the future. the independent tax policy center said in fact -- >> it's a left wing group, for crying out loud. it's a left wing group. >> -- tonight on taxes. good to see you both. thanks for your time. as the president and governor romney make their final preps, corporate america gets their chance to weigh in. >> when we come back, the former president and coo of verizon on what big business wants to hear tonight. >> but before the break, money man jim cramer's take. >> nobody asked me. i'm not running. i'm not part of a debate. but i stand for higher stock prices for all. if you like me, i will put through my plan to switch to clean burning job creates natural gas vehicles and educate the mass's money. clean the skies. rebuild our run down i
. >> but paul ryan has disavowed the ryan plan. mitt romney is not bound he says by the ryan plan. mitt romney has offered a plan that is actually has so little in that you can't even run the numbers. i mean, if you have a plan that is basically filled with empty magic asterisks you can't analyze whether this will deal with a budget deficit in the future. the independent tax policy center said in fact -- >> it's a left wing group, for crying out loud. it's a left wing group....
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the idea came not even from paul ryan or senator widen who's the co-author of the bill with paul ryan in the senate but also it came from bill clinton's chief of staff. this is an idea that's been around a long time. saying, hey, let's see if we can't get competition into the medicare world so people can get the choice of different plans at lower cost, better quality, i believe in competition. >> jim, if i can respond very quickly. first of all, every study has shown medicare has lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it, and private insurers have to make a profit. nothing wrong with that. that's what they do. and so you have higher administrative costs, plus profit, on top of that. and if you are going to save any money through what governor romney is proposing, what has to happen, the money has to come from somewhere. and when you move to a voucher system, you are putting seniors at the mercy of those insurance companies, and over time, if traditional medicare has decayed or fallen apart then they're stuck. and th
the idea came not even from paul ryan or senator widen who's the co-author of the bill with paul ryan in the senate but also it came from bill clinton's chief of staff. this is an idea that's been around a long time. saying, hey, let's see if we can't get competition into the medicare world so people can get the choice of different plans at lower cost, better quality, i believe in competition. >> jim, if i can respond very quickly. first of all, every study has shown medicare has lower...
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Oct 4, 2012
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the idea was originally presented by congressman ryan, you're running mate. we would get a voucher to seniors. they could go out in the private marketplace and buy their own health insurance. the problem is that because the voucher would not necessarily keep up with health care inflation, this would cost the average senior about $16,000 per year. but governor romney has said is he will maintain traditional medicare alongside it. there is still a problem. those insurance companies are clever about figuring out to are the younger and healthier seniors. they recruit them, leaving the older, sicker seniors in medicare. every health care economist as overtime, the traditional medicare system will collapse. you have people like my grandmother at the mercy of the private insurance system when they are most in need of decent health care. i do not think vouchers are the right way to go. this is not my -- only my opinion. aarp thinks the savings we obtained from medicare bolstered the system, lincoln the medicare trust fund by eight years. benefits were not affected. i
the idea was originally presented by congressman ryan, you're running mate. we would get a voucher to seniors. they could go out in the private marketplace and buy their own health insurance. the problem is that because the voucher would not necessarily keep up with health care inflation, this would cost the average senior about $16,000 per year. but governor romney has said is he will maintain traditional medicare alongside it. there is still a problem. those insurance companies are clever...
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the idea, which was originally presented by congressman ryan, your running mate, is that we would give a voucher to seniors and they could go out in the private marketplace and buy their own health insurance. the problem is that because the voucher wouldn't necessarily keep up with health care inflation, it was estimated that this would cost the average senior $6,000 a year. now, in fairness, what governor romney has now said he'll maintain traditional meld care alongside it. but there's still a problem, because whapgs t happens is, th insurance companies figure out who are the younger and healthier seniors? they recruit them, leaving the older, sicker seniors in medicare and every health care economist who looks at it says, over time, the traditional medicare system will collapse. and then, what you've got is, folks like my grandmother, at the mercy of the private insurance system, precisely at the time when they are most in need of decent health care. i don't think vouchers are the right way to go. and this is not my -- only my opinion. aarp thinks that the savings that we obtained f
the idea, which was originally presented by congressman ryan, your running mate, is that we would give a voucher to seniors and they could go out in the private marketplace and buy their own health insurance. the problem is that because the voucher wouldn't necessarily keep up with health care inflation, it was estimated that this would cost the average senior $6,000 a year. now, in fairness, what governor romney has now said he'll maintain traditional meld care alongside it. but there's still...
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the idea came not only from paul ryan but also it came from bill clinton's chief of staff. this is an idea that has been around a long time. let's see if we can get competition into the medicare world so people can get the choice of different plans, better quality. i believe in a competition. >> first of all, every study has shown medicare has lowered administrative costs, which is why seniors are generally pretty happy with it. private insurers have to make a profit. there is nothing wrong with that, that is what they do. you have higher administrative costs, plus profit on top of that, and if you are going to save any money through what gov. romney is proposing, what has to happen is that the money has to come from somewhere. when you move to a voucher system, you are putting seniors at the mercy of those programs. over time if traditional medicare has decayed or fallen apart, then they are stopped. this is the reason why aarp has said your plan would weaken medicare substantially. that is why they were supportive of the approach that we took. we do have to lower the cost
the idea came not only from paul ryan but also it came from bill clinton's chief of staff. this is an idea that has been around a long time. let's see if we can get competition into the medicare world so people can get the choice of different plans, better quality. i believe in a competition. >> first of all, every study has shown medicare has lowered administrative costs, which is why seniors are generally pretty happy with it. private insurers have to make a profit. there is nothing...
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the idea came not from paul ryan but also it came from bill clinton's chief of staff. this is an idea that has been around for a long time. we are saying let's bring competition into the medicare were also people can get a choice of different plans at lower cost, better quality, and better competition. >> first of all, every study has shown that meeicare has lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it. private insurance has to make a profit. there is nothing wrong with that, that is what they do. so you have higher administrative costs, plus profit on top of that, and if you were going to save any money through what governor romney is proposing, what would have to happen is, the money has to come from somewhere. when you move to a voucher system, you are putting seniors at the mercy of those insurance companies. over time, if traditional medicare has decayed or fall apart, and they are stopped. this is the reason why aarp has said that your plan would weaken medicare substaatially, and that is why they
the idea came not from paul ryan but also it came from bill clinton's chief of staff. this is an idea that has been around for a long time. we are saying let's bring competition into the medicare were also people can get a choice of different plans at lower cost, better quality, and better competition. >> first of all, every study has shown that meeicare has lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it. private insurance...